SNOWFLAKE INC. (SNOW) FY2025 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-02-01 to 2025-01-31

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SNOWFLAKE INC. cash flow reconciliation, Feb 1, 2024 through Jan 31, 2025One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Stock-based compensation, net of amounts capitalized → operating reconciliation: $1,479,314,000.00Deferred revenue → operating reconciliation: $382,755,000.00Depreciation and amortization → operating reconciliation: $182,508,000.00Accounts payable → operating reconciliation: $108,852,000.00Amortization of deferred commissions → operating reconciliation: $93,128,000.00Accrued expenses and other liabilities → operating reconciliation: $70,876,000.00Non-cash operating lease costs → operating reconciliation: $59,943,000.00Net realized and unrealized losses (gains) on strategic investments in equity securities → operating reconciliation: $31,420,000.00Prepaid expenses and other assets → operating reconciliation: $29,850,000.00Other → operating reconciliation: $7,420,000.00Amortization of debt issuance costs → operating reconciliation: $2,759,000.00Accounts receivable → operating reconciliation: $536,000.00operating reconciliation → Net cash from operating activities: $959,764,000.00operating reconciliation → Net loss: $1,289,212,000.00operating reconciliation → Deferred commissions: $101,569,000.00operating reconciliation → Operating lease liabilities: $47,711,000.00operating reconciliation → Net amortization (accretion) of premiums (discounts) on investments: $43,434,000.00operating reconciliation → Deferred income tax: $7,671,000.00Maturities and redemptions of investments → investing reconciliation: $2,802,082,000.00Sales of investments → investing reconciliation: $64,573,000.00investing reconciliation → Net cash from investing activities: $190,646,000.00investing reconciliation → Purchases of investments: $2,569,243,000.00investing reconciliation → Purchases of property and equipment: $46,279,000.00investing reconciliation → Cash paid for business combinations, net of cash, cash equivalents, and restricted cash acquired: $30,305,000.00investing reconciliation → Capitalized internal-use software development costs: $29,433,000.00investing reconciliation → Settlement of cash flow hedges: $749,000.00Net cash used in financing activities → financing reconciliation: $226,523,000.00Gross proceeds from issuance of convertible senior notes → financing reconciliation: $2,300,000,000.00Proceeds from issuance of common stock under employee stock purchase plan → financing reconciliation: $77,053,000.00Proceeds from exercise of stock options → financing reconciliation: $44,886,000.00financing reconciliation → Repurchases of common stock: $1,932,333,000.00financing reconciliation → Taxes paid related to net share settlement of equity awards: $489,149,000.00financing reconciliation → Purchases of capped calls related to convertible senior notes: $195,500,000.00financing reconciliation → Cash paid for issuance costs on convertible senior notes: $31,230,000.00financing reconciliation → Payments of deferred purchase consideration for business combinations: $250,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $1,780,977,000.00Net cash from operating activities → Cash sources and uses: $959,764,000.00Net cash from investing activities → Cash sources and uses: $190,646,000.00Cash sources and uses → Exchange-rate effect: $6,186,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $2,698,678,000.00Cash sources and uses → Net cash used in financing activities: $226,523,000.00Amortization of deferred commissions: $93,128,000.00Deferred commission amortization+$93.13 MAmortization of debt issuance costs: $2,759,000.00Debt issuance cost amortization+$2.76 MDeferred income tax: -$7,671,000.00Deferred income taxes−$7.67 MStock-based compensation, net of amounts capitalized: $1,479,314,000.00Stock-based compensation+$1.48 BNet realized and unrealized losses (gains) on strategic investments in equity securities: $31,420,000.00Equity securities gain & loss+$31.42 MOther: $7,420,000.00Other non-cash items+$7.42 MNon-cash operating lease costs: $59,943,000.00Non-cash operating lease costs+$59.94 MDeferred revenue: $382,755,000.00Deferred revenue+$382.76 MDeferred commissions: -$101,569,000.00Deferred commissions−$101.57 MPrepaid expenses and other assets: $29,850,000.00Prepaid & other assets+$29.85 MNet amortization (accretion) of premiums (discounts) on investments: -$43,434,000.00Investment discount & premium−$43.43 MOperating lease liabilities: -$47,711,000.00Operating lease liabilities−$47.71 MAccrued expenses and other liabilities: $70,876,000.00Accrued & other liabilities+$70.88 MAccounts payable: $108,852,000.00Accounts payable+$108.85 MAccounts receivable: $536,000.00Accounts receivable+$536.00 KDepreciation and amortization: $182,508,000.00Depreciation & amortization+$182.51 MNet loss: -$1,289,212,000.00Net loss−$1.29 BNet cash from operating activities: $959,764,000.00Operating cash+$959.76 Moperating reconciliation: $2,449,361,000.00Proceeds from exercise of stock options: $44,886,000.00Stock option exercises+$44.89 MProceeds from issuance of common stock under employee stock purchase plan: $77,053,000.00Stock plan proceeds+$77.05 MTaxes paid related to net share settlement of equity awards: -$489,149,000.00Stock-award tax withholding−$489.15 MRepurchases of common stock: -$1,932,333,000.00Common stock repurchases−$1.93 BGross proceeds from issuance of convertible senior notes: $2,300,000,000.00Convertible debt issued+$2.30 BCash paid for issuance costs on convertible senior notes: -$31,230,000.00Debt issuance costs−$31.23 MPurchases of capped calls related to convertible senior notes: -$195,500,000.00Purchases of capped calls related to convertiblesenior notes−$195.50 MCapital contributions from noncontrolling interest holders: $0.00Payments of deferred purchase consideration for business combinations: -$250,000.00Deferred acquisition payments−$250.00 KNet cash used in financing activities: -$226,523,000.00. Cash required to fund net payments.Financing cash−$226.52 Mfinancing reconciliation: $2,648,462,000.00Sales of investments: $64,573,000.00Sales of investments+$64.57 MPurchases of property and equipment: -$46,279,000.00PP&E purchases−$46.28 MCapitalized internal-use software development costs: -$29,433,000.00Software development costs−$29.43 MPurchases of investments: -$2,569,243,000.00Investment purchases−$2.57 BMaturities and redemptions of investments: $2,802,082,000.00AFS securities maturities+$2.80 BPurchases of intangible assets: $0.00Cash paid for business combinations, net of cash, cash equivalents, and restricted cash acquired: -$30,305,000.00Acquisitions, net of cash−$30.31 MSettlement of cash flow hedges: -$749,000.00Investing hedge payments−$749.00 KNet cash from investing activities: $190,646,000.00Investing cash+$190.65 Minvesting reconciliation: $2,866,655,000.00Cash sources and uses: $2,931,387,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $1,780,977,000.00Beginning cash$1.78 BEnding cash: Cash, cash equivalents, and restricted cash: $2,698,678,000.00Ending cash$2.70 BExchange-rate effect: -$6,186,000.00FX effect−$6.19 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsNet loss −$1.29B + net operating adjustments $2.25B = operating cash +$959.76MFree cash flow$913.49 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change+$917.70 MEnding cash − beginning cash
Chart details

SNOWFLAKE INC. cash flow reconciliation, Feb 1, 2024 through Jan 31, 2025

Cash flows for Feb 1, 2024 through Jan 31, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jan 31, 2024. Ending cash: Jan 31, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jan 31, 2024
1,780,977,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
959,764,000 US dollars. Net cash provided.
Amortization of deferred commissions
93,128,000 US dollars
Amortization of debt issuance costs
2,759,000 US dollars
Deferred income tax
negative 7,671,000 US dollars
Stock-based compensation, net of amounts capitalized
1,479,314,000 US dollars
Net realized and unrealized losses (gains) on strategic investments in equity securities
31,420,000 US dollars
Other
7,420,000 US dollars
Non-cash operating lease costs
59,943,000 US dollars
Deferred revenue
382,755,000 US dollars
Deferred commissions
negative 101,569,000 US dollars
Prepaid expenses and other assets
29,850,000 US dollars
Net amortization (accretion) of premiums (discounts) on investments
negative 43,434,000 US dollars
Operating lease liabilities
negative 47,711,000 US dollars
Accrued expenses and other liabilities
70,876,000 US dollars
Accounts payable
108,852,000 US dollars
Accounts receivable
536,000 US dollars
Depreciation and amortization
182,508,000 US dollars
Net loss
negative 1,289,212,000 US dollars
Investing activities
190,646,000 US dollars. Net cash provided.
Sales of investments
64,573,000 US dollars
Purchases of property and equipment
negative 46,279,000 US dollars
Capitalized internal-use software development costs
negative 29,433,000 US dollars
Purchases of investments
negative 2,569,243,000 US dollars
Maturities and redemptions of investments
2,802,082,000 US dollars
Purchases of intangible assets
0 US dollars
Cash paid for business combinations, net of cash, cash equivalents, and restricted cash acquired
negative 30,305,000 US dollars
Settlement of cash flow hedges
negative 749,000 US dollars
Financing activities
negative 226,523,000 US dollars. Net cash used.
Proceeds from exercise of stock options
44,886,000 US dollars
Proceeds from issuance of common stock under employee stock purchase plan
77,053,000 US dollars
Taxes paid related to net share settlement of equity awards
negative 489,149,000 US dollars
Repurchases of common stock
negative 1,932,333,000 US dollars
Gross proceeds from issuance of convertible senior notes
2,300,000,000 US dollars
Cash paid for issuance costs on convertible senior notes
negative 31,230,000 US dollars
Purchases of capped calls related to convertible senior notes
negative 195,500,000 US dollars
Capital contributions from noncontrolling interest holders
0 US dollars
Payments of deferred purchase consideration for business combinations
negative 250,000 US dollars
Operating adjustment reconciliation
2,449,361,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
2,648,462,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
2,866,655,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 6,186,000 US dollars
Ending cash on Jan 31, 2025
2,698,678,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
2,931,387,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
917,701,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
959,764,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
46,279,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
913,485,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$1.29B + net operating adjustments $2.25B = operating cash +$959.76M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 959,764,000 US dollars minus 46,279,000 US dollars equals 913,485,000 US dollars.
SNOWFLAKE INC. (SNOW) FY2025 Annual Statement of Cash Flows Sankey chart
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